NEFFX Alternatives & Similar Mutual Funds

American Funds The New Economy Fund® Class F-2 (NEFFX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NEFFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to NEFFX

NEFFX charges 0.52% annually. There are 33 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GMGEX	GMO Global Equity Allocation Fund	0.01%	—	Nov 1996	NEFFX vs GMGEX
GWOAX	GMO Global Developed Equity Allocation Fund	0.01%	—	Jun 2005	NEFFX vs GWOAX
SSGLX	State Street Global All Cap Equity ex-U.S. Index F...	0.07%	—	Sep 2014	NEFFX vs SSGLX
VTWAX	Vanguard Total World Stock Index Fund Admiral Shar...	0.09%	95.30B	Feb 2019	NEFFX vs VTWAX
UCEQX	USAA Cornerstone Equity Fund	0.09%	—	Jun 2012	NEFFX vs UCEQX

Best Risk-Adjusted Alternatives to NEFFX

NEFFX has a PortfoliosLab risk / return rank of 88. There are 12 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 95.

Symbol	Name	Risk / Return Rank	AUM	Inception
LVAGX	LSV Global Value Fund	95	—	Jun 2014	NEFFX vs LVAGX
PGVFX	Polaris Global Value Fund	93	—	May 1998	NEFFX vs PGVFX
EPSYX	MainStay Epoch Global Equity Yield Fund	92	—	Dec 2005	NEFFX vs EPSYX
GMGEX	GMO Global Equity Allocation Fund	91	—	Nov 1996	NEFFX vs GMGEX
JGYIX	John Hancock Global Shareholder Yield Fund	91	—	Feb 2007	NEFFX vs JGYIX

Top Performing NEFFX Alternatives (YTD)

NEFFX is at 24.11% YTD. There are 7 mutual funds in the Global Equities category with higher YTD returns, going as high as 42.58%.

Symbol	Name	YTD Return	AUM	Inception
PGTIX	T. Rowe Price Global Technology Fund I Class	42.58%	—	Nov 2016	NEFFX vs PGTIX
OBEGX	Oberweis Global Opportunities Fund	31.52%	—	Jan 1987	NEFFX vs OBEGX
AGLOX	Ariel Global Fund	26.71%	—	Dec 2011	NEFFX vs AGLOX
PRGSX	T. Rowe Price Global Stock Fund	24.54%	—	Dec 1995	NEFFX vs PRGSX
FIQOX	Fidelity Advisor Worldwide Fund Class Z	24.23%	—	Oct 2018	NEFFX vs FIQOX

Lowest Volatility Alternatives to NEFFX

NEFFX has 18.69% 1-year volatility. There are 219 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 7.03%.

Symbol	Name	Volatility 1Y	AUM	Inception
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	7.03%	2.00B	Dec 2013	NEFFX vs VMVFX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	7.05%	2.00B	Dec 2013	NEFFX vs VMNVX
SVTAX	SEI Institutional Managed Trust Global Managed Vol...	7.20%	—	Jul 2006	NEFFX vs SVTAX
MFWIX	MFS Global Total Return Fund Class I	7.57%	—	Sep 1990	NEFFX vs MFWIX
SGMAX	SEI Institutional Investments Trust Global Managed...	7.69%	—	Jan 2016	NEFFX vs SGMAX

Lowest Drawdown Alternatives to NEFFX

NEFFX has a 1-year max drawdown of -13.32%. There are 204 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.21%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RTXAX	Russell Investment Tax-Managed Real Assets Fund	-5.21%	—	Jun 2019	NEFFX vs RTXAX
LVAFX	LSV Global Managed Volatility Fund	-5.76%	—	Jun 2014	NEFFX vs LVAFX
SGMAX	SEI Institutional Investments Trust Global Managed...	-5.88%	—	Jan 2016	NEFFX vs SGMAX
CSUAX	Cohen & Steers Global Infrastructure Fund Class A	-5.99%	—	Aug 2017	NEFFX vs CSUAX
SVTAX	SEI Institutional Managed Trust Global Managed Vol...	-5.99%	—	Jul 2006	NEFFX vs SVTAX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	82	9.39%	—	Jul 1975	NEFFX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	45	8.86%	—	Jan 1934	NEFFX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	5.48%	—	Jul 1952	NEFFX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	30	8.89%	—	Dec 1973	NEFFX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	48	13.57%	—	May 2009	NEFFX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	68	14.25%	—	Aug 1978	NEFFX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	28	6.46%	—	Mar 1973	NEFFX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	30	8.83%	—	Dec 1973	NEFFX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	48	5.72%	—	Dec 1973	NEFFX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	21	4.20%	—	Jan 1967	NEFFX vs AMCPX

Often Compared With NEFFX

Investors most often compare NEFFX with VTI, DODEX, GQRIX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	59	8.82%	2.30T	May 2001	NEFFX vs VTI
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Diversified	94	25.94%	—	May 2021	NEFFX vs DODEX
GQRIX	GQG Partners Global Quality Equity Fund Institutio...	Global Equities	7	4.25%	—	Mar 2019	NEFFX vs GQRIX
FGIAX	Nuveen Global Infrastructure Fund Class A	Global Equities	48	11.69%	—	Dec 2007	NEFFX vs FGIAX
GQFPX	GQG Partners Global Quality Dividend Income Fund	Global Equities	29	6.50%	—	Jun 2021	NEFFX vs GQFPX
GLIFX	Lazard Global Listed Infrastructure Portfolio Inst...	Global Equities	34	8.80%	—	—	NEFFX vs GLIFX
FMIEX	Wasatch Global Value Fund Investor Class Shares	Global Equities	86	11.36%	—	Sep 1996	NEFFX vs FMIEX
MVGIX	MFS Low Volatility Global Equity Fund	Global Equities	20	2.20%	—	Dec 2013	NEFFX vs MVGIX
VGT	Vanguard Information Technology ETF	Technology Equities	58	23.32%	170.10B	Mar 2004	NEFFX vs VGT
ARTHX	Artisan Global Equity Fund	Global Equities	47	11.61%	—	Mar 2010	NEFFX vs ARTHX
CAEIX	Calvert Global Energy Solutions Fund	Global Equities	82	18.53%	—	May 2007	NEFFX vs CAEIX
FPE	First Trust Preferred Securities & Income ETF	Preferred Stock/Convertible Bonds	54	0.91%	6.35B	Feb 2013	NEFFX vs FPE
FID	First Trust S&P International Dividend Aristocrats...	Foreign Large Cap Equities, Dividend	50	5.57%	160.79M	Aug 2013	NEFFX vs FID
GQRPX	GQG Partners Global Quality Equity Fund	Global Equities	7	4.15%	—	Mar 2019	NEFFX vs GQRPX
LAMYX	Lord Abbett Dividend Growth Fund	Large Cap Blend Equities	61	7.54%	—	Dec 2001	NEFFX vs LAMYX
VGPMX	Vanguard Global Capital Cycles Fund	Global Equities	90	14.50%	3.90B	May 1984	NEFFX vs VGPMX
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.71%	95.28B	May 2020	NEFFX vs SGOV
VYM	Vanguard High Dividend Yield ETF	Dividend	75	11.51%	96.10B	Nov 2006	NEFFX vs VYM
GCCHX	GMO Climate Change Fund	Global Equities	88	20.11%	—	Apr 2017	NEFFX vs GCCHX
MDGCX	BlackRock Advantage Global Fund, Inc.	Global Equities	90	17.78%	—	Aug 1994	NEFFX vs MDGCX

Compare NEFFX with Any Fund or Stock

Compare NEFFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair NEFFX with funds that move differently

American Funds The New Economy Fund® Class F-2 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NEFFX.

Explore NEFFX Diversifiers

American Funds The New Economy Fund® Class F-2 (NEFFX) Alternatives